My Nonprofit Reviews
Review for Womens Microfinance Initiative Corporation, Bethesda, MD, USA
I have been very impressed with this organization since its inception. It is a grass roots organization started and managed by neighborhood women. Each person on the Board brings a unique skill set in support of the program. It is well organized and truly a non-profit as no one receives a salary of any kind; they are all volunteers helping to make a difference in the lives of the women in Uganda. This program is successful based on the fact that over 1000 loans have been made in the last 2-1/2 years, the women in Uganda have a 100% repayment rate, and the program is now expanding into Kenya. Another unique aspect of this program is that after 2 years with WMI, there is now a program in place for the borrowers to transition into the independent banking system to increase their loans to further expand their businesses which allows them to take better care of themselves and their families.
I've personally experienced the results of this organization in...
observing the day to day operations.
How frequently have you been involved with the organization?
About every week
When was your last experience with this nonprofit?